Latest Copper News

BMC Minerals has moved the Kudz Ze Kayah project through a key regulatory gateway and reported high-grade drilling beyond the current reserve, but its first full year as an ASX-listed company also exposed the funding challenge ahead. The Canadian developer ended FY2026 with US$50.3 million in cash, no revenue and an auditor-highlighted material uncertainty over going concern.

Voltaic Strategic Resources has identified malachite-rich copper mineralisation across an approximately 100-metre area at its El Dinero prospect in Western Australia. Preliminary pXRF readings reached an average 8.31% copper in one selected sample, although laboratory assays are needed before the results can be treated as representative.

Alkane Resources has lifted group Ore Reserves to 1.374 million ounces after exploration and resource conversion replaced depletion across its operating portfolio. The FY26 update also puts Björkdal’s open-pit restart and Costerfield’s extended mine life into sharper focus.

Lode Resources has identified a new polymetallic lode at its Montezuma project in Tasmania, with a narrow interval returning exceptional tin, copper, silver, antimony, gold and lead grades. Three further mineralised zones from the same hole remain awaiting assays, while follow-up drilling is already underway.

Gorilla Gold Mines has extended its Lakeview drilling story with a 7.0-metre intercept grading 12.6g/t gold, while securing the final permit for underground activities at Sovereign. Metallurgical testing across three Comet Vale deposits also returned average 94.6% gold recovery after 48 hours at a relatively coarse grind size.

Javelin Minerals is 150 metres into a deep diamond hole aimed at testing an untested magnetic anomaly beneath its Coogee gold-copper resource in Western Australia. No assay results have been reported, but the drilling could clarify whether shallow mineralisation is linked to a larger intrusive system at depth.

Antares Metals has secured $2.57 million to fund maiden drilling at its Quinns project and continued exploration across Queensland and Western Australia. The raise comes with substantial potential dilution, with more than half the shares and all attaching options still requiring shareholder approval.

Golden Horse Minerals has expanded the interpreted Hopes Hill gold system beyond 3 kilometres after completing 52,762 metres of drilling in the six months to June 30. The exploration push delivered multiple high-grade intersections and free-milling metallurgy, but came with no revenue, a $4.37 million loss and a sharp drawdown in cash.

LinQ Minerals has reported broad, shallow copper-gold intersections at Monza, including 113 metres at 0.71% copper equivalent from 33 metres. Mineralisation remains open in multiple directions, while a largely untested corridor could connect Monza with the nearby Estoril resource.

Cosmo Metals has secured a new exploration licence in New South Wales after reconnaissance work found copper-bearing outcrop and a selective rock chip sample grading 4.69% copper. The result is an early exploration signal, not evidence of a defined deposit, with mapping and further sampling still to come.

Kingfisher Mining has remade itself around a 700 square kilometre New South Wales exploration portfolio, with Copper Blow emerging as the flagship after high-grade drilling. The shift came alongside a $1.16 million FY2026 loss, $1.21 million in cash and an explicit reliance on future funding.

Exultant Mining has reported its first consolidated annual results since listing, recording a $1.526 million loss and holding $3.50 million in cash at 30 June 2026. Exploration has advanced across Black Hammer and Peak View, but the company remains dependent on future funding and assay results to justify its portfolio.